CIL Nova Petrochemicals Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported net income was INR 37.83 million compared to net loss of INR 9.34 million a year ago. Basic loss per share from continuing operations was INR 0.16 compared to INR 0.22 a year ago. Diluted loss per share from continuing operations was INR 0.16 compared to INR 0.22 a year ago. Basic earnings per share was INR 1.4 compared to basic loss per share of INR 0.34 a year ago. Diluted earnings per share was INR 1.4 compared to diluted loss per share of INR 0.34 a year ago.
For the nine months, revenue was INR 0.768 million compared to INR 0.636 million a year ago. Net income was INR 17.04 million compared to net loss of INR 27.17 million a year ago. Basic loss per share from continuing operations was INR 0.62 compared to INR 0.82 a year ago. Diluted loss per share from continuing operations was INR 0.62 compared to INR 0.82 a year ago. Basic earnings per share was INR 0.63 compared to basic loss per share of INR 1 a year ago. Diluted earnings per share was INR 0.63 compared to diluted loss per share of INR 1 a year ago.